PALMETTO BAY INVEST ApS — Credit Rating and Financial Key Figures

PALMETTO BAY INVEST ApS (CVR number: 28850948) is a company from ODSHERRED. The company recorded a gross profit of -20.8 kDKK in 2017. The operating profit was -20.8 kDKK, while net earnings were -214 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PALMETTO BAY INVEST ApS's liquidity measured by quick ratio was 17.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.